Tag: gbp/usd,
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY, USD/CAD
[ad_1] US Dollar Talking Points: The US Dollar has thus far spent October digesting the bullish move that showed with prominence in late-September. This week sees the focus shift to a key inflation report out of the US with the release of CPI on Wednesday. With the Fed’s potential tapering announcement around the corner at…
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US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/JPY
[ad_1] US Dollar, USD, EUR/USD, GBP/USD, AUD/USD, USD/JPY Talking Points: The US Dollar is bouncing from higher-low support today in a move that, thus far, has been extremely clean for such a forceful breakout. Last week I highlighted the ascending triangle that had built in the USD, and with the drive remaining from the FOMC…
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British Pound Battles US Dollar After FOMC, Before BoE. Will GBP/USD Move Lower?
[ad_1] British Pound, US Dollar, GBP/USD, FOMC, BOE, Evergrande – Talking Points The British Pound was pushed to lows by the FOMC but rallied through Asia APAC equities were generally positive after Evergrande debt semi-resolution US Dollar strength tested after the Fed meeting. Will GBP/USD break-out? The British Pound moved higher through the Asian session…
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Pre-FOMC US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY
[ad_1] FOMC, USD, US Dollar, EUR/USD, GBP/USD, USD/JPY Talking Points: Tomorrow brings the September FOMC rate decision. The big question is whether the Fed announces taper tomorrow or whether they punt that announcement to the November rate decision, waiting for employment data to improve to the point of ‘significant further progress.’ The analysis contained in…
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British Pound Slips After Data, Still Tied to Range. Can GBP/USD Break Out Ahead of FOMC?
[ad_1] British Pound, GBP/USD, US Dollar, Energy, Commodities – Talking Points The British Pound weakened after data but managed to hold some levels Energy commodities calmed down today, as did most asset classes in Asia With FOMC next week, is this a quiet before the price wrecking storm? The Great British Pound moved lower after…
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US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD
[ad_1] US Dollar, EUR/USD, GBP/USD, AUD/USD Talking Points: The US dollar put in a quick move of strength this morning on the back of a really strong retail sales report. This helped the USD to push above a big zone of resistance while setting a fresh September high, and at this point, from a short-term…
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US Dollar Price Action Setups Pre-CPI: EUR/USD, GBP/USD, USD/CAD
[ad_1] US Dollar, EUR/USD, GBP/USD, USD/CAD, CPI Talking Points: Tomorrow brings the release of August inflation numbers out of the US. The US Dollar came into the week with a resistance test, but prices have softened as the USD has pulled back, pushing the focus to tomorrow’s CPI report. The analysis contained in article relies…
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US Dollar Post-NFP, ISM: EUR/USD, GBP/USD, USD/CAD
[ad_1] US Dollar, USD, EUR/USD, GBP/USD, USD/CAD Talking Points: It was a busy morning in the USD, with a very negative NFP report showing +235k v/s the +750k expectation. Next week is quiet on the USD but expect posturing ahead of the September FOMC rate decision. Elsewhere, ECB and BoC rate decisions can keep FX…
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US Dollar Pre-NFP Price Action Setups: EUR/USD, GBP/USD, AUD/USD
[ad_1] US Dollar, EUR/USD, GBP/USD, AUD/USD Talking Points: Tomorrow brings Non-farm Payrolls out of the United States, with the expectation for 750k jobs to have been added in the month of August. The US Dollar has continued to fall, setting another fresh three-week-low in the process. The analysis contained in article relies on price action…
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, AUD/USD
[ad_1] US Dollar, EUR/USD, GBP/USD, USD/CAD, AUD/USD Talking Points: The US Dollar is holding a spot of support after pulling back from a fresh 2021 high set last Friday. Tomorrow morning will be busy in the USD: PCE data, the Fed’s preferred inflation gauge, is released at 8:30 AM ET, and FOMC Chair Jerome Powell…